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Business

Finance minister participates in Barclay’s roundtable

Finance minister participates in Barclay’s roundtable
ISLAMABAD, Oct 13 (APP): Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, along with Governor State Bank of Pakistan (SBP) Jameel Ahmad, participated in an Investor Roundtable organized by Barclays in Bangkok.
According to press release issued by finance ministry on Tuesday, the minister highlighted Pakistan’s progress in consolidating macroeconomic stability through improved fiscal and external balances, consecutive primary surpluses and stronger foreign exchange reserves.
He noted progress under the International Monetary Fund (IMF) programme, rating upgrades and renewed access to international capital markets through private placement, Panda bond and Eurobond issuances.
He outlined ongoing taxation, energy and state-owned enterprise reforms, alongside privatization opportunities and airport outsourcing. Highlighting growing investor confidence, he pointed to a strong IPO pipeline and foreign interest in electricity distribution companies.

Source: APP (Associated Press of Pakistan)